We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Clampdown on car finance commission 'to save drivers £165m' - MSE News
Former_MSE_Naomi
Posts: 519 Forumite
Motorists are predicted to save around £165 million a year under new proposals from the financial regulator to ban dealers from taking commission linked to the interest rate on car financing...
Read the full story:
'Clampdown on car finance commission 'to save drivers £165m''
Click reply below to discuss. If you haven’t already, join the forum to reply.
'Clampdown on car finance commission 'to save drivers £165m''
Click reply below to discuss. If you haven’t already, join the forum to reply.
0
Comments
-
£165,000,000 sounds a lot. But ...
In round terms, 10million cars are sold annually in the UK (2 millon new, 8 million used). If half of those involve credit, then the average customer may save about £30.
Forgive me if I don't get too excited.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.8K Banking & Borrowing
- 253.8K Reduce Debt & Boost Income
- 454.6K Spending & Discounts
- 245.9K Work, Benefits & Business
- 601.9K Mortgages, Homes & Bills
- 177.7K Life & Family
- 259.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards